2 Flows To Impact EUR; A 75% Probability To Greece Accepting Bailout; – BNPP

With the recent deterioration in Greece, there is increased talk about the chance of Greece leaving the euro-zone, aka “Grexit”. Mohamed El-Erian, chief economic adviser at Allianz, said the odds stand at 85%. European officials already talk about this in the open.

The team at BNP Paribas sees a higher chance of a more optimistic outcome and explains what moves the common currency:

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